Report on Business Responsibility Reporting

The Ministry of Corporate Affairs recently released the Report of the Committee on Business Responsibility Reporting.
MCA will work closely with capital markets regulator SEBI for implementation of Business Responsibility and Sustainability Report (BRSR) framework in the country.
Indian companies are aspiring to have a global foothold and thus they cannot ignore the emerging trend of Corporate Governance i.e. Responsible Business.
MCA had constituted a Committee on Business Responsibility Reporting to develop new BRR formats for listed and unlisted companies.
Due to increasing trends of Environmental, Social and Governance (ESG) investing, demand for non-financial reporting is also growing.
In this respect the BRSR framework will set the stage for sustainable investing.
The information captured through BRSR filings is used to develop a Business Responsibility-Sustainability Index for companies.